Million Dollar Fraud at Nordea

The Nordic region’s largest banking group, Nordea, has reportedly been the target of a major fraud by hackers, possibly based in Russia.

More than one million dollars has been removed from 250 Nordea accounts. Two people were arrested here in Sweden on Friday. According to reports, two others were sentenced previously, while another 125 people here are under suspicion of involvement.

Through fake e-mail and Trojan horse virus programs the criminals tricked Nordea customers into revealing their Internet account log-in information.